Director at American Airlines (AAL) awarded 11,177 RSUs vesting 2027

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

American Airlines Group Inc. director Kathryn M. Farmer reported an equity award under the company’s compensation program. She acquired 11,177 shares of common stock, effectively a grant of restricted stock units at $0.00 per share, increasing her direct holdings to 24,739 shares.

The restricted stock units will fully vest on the earlier of June 10, 2027 or the next annual meeting of stockholders following the grant date, if she continues serving through the vesting date. This is a routine, compensation-related acquisition rather than an open‑market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Farmer Kathryn M

Role null

Type	Security	Shares	Price	Value
Grant/Award	common stock	11,177	$0.00	--

Holdings After Transaction: common stock — 24,739 shares (Direct, null)

Footnotes (1)

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Key Figures

Equity grant size: 11,177 shares Price per share: $0.00 per share Post-transaction holdings: 24,739 shares +1 more

4 metrics

Equity grant size 11,177 shares Restricted stock unit award on June 10, 2026

Price per share $0.00 per share Grant/award acquisition of common stock

Post-transaction holdings 24,739 shares Total common stock directly owned after grant

Vesting date June 10, 2027 RSUs vest on earlier of this date or next annual meeting

Key Terms

restricted stock units, vesting, annual meeting of stockholders

3 terms

restricted stock units financial

"Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting financial

"will vest fully upon the earlier of June 10, 2027, or the next annual meeting"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

annual meeting of stockholders financial

"or the next annual meeting of stockholders following the grant date"

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 04:28 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Farmer Kathryn M

(Last)

(First)

(Middle)

C/O AMERICAN AIRLINES GROUP INC.

1 SKYVIEW DRIVE

(Street)

FORT WORTH

TEXAS

76155

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
American Airlines Group Inc. [ AAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
common stock	06/10/2026		A		11,177⁽¹⁾	A	$0.0000	24,739	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Restricted stock units will vest fully upon the earlier of June 10, 2027, or the next annual meeting of stockholders following the grant date, subject to the continued service of the reporting person through the vesting date.

	Michelle A. Earley, with Power of Attorney	06/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did American Airlines (AAL) report for Kathryn M. Farmer?

American Airlines reported a compensation-related equity grant to director Kathryn M. Farmer. She acquired 11,177 shares of common stock, reflecting restricted stock units awarded at $0.00 per share, bringing her direct holdings after the grant to 24,739 shares in total.

Is Kathryn M. Farmer’s American Airlines (AAL) transaction a buy or a grant?

The transaction is a grant of equity, not an open-market buy. Farmer received 11,177 restricted stock units at $0.00 per share as director compensation, increasing her direct ownership to 24,739 shares after the award, according to the Form 4 filing details.

When do Kathryn M. Farmer’s American Airlines (AAL) restricted stock units vest?

The restricted stock units vest fully on the earlier of June 10, 2027, or the next annual meeting of stockholders after the grant. Vesting is contingent on Farmer’s continued service as a director through the applicable vesting date as described in the Form 4 footnote.

How many American Airlines (AAL) shares does Kathryn M. Farmer hold after this award?

Following the equity award, Kathryn M. Farmer directly holds 24,739 shares of American Airlines common stock. This reflects the addition of 11,177 shares from the restricted stock unit grant reported in the Form 4, which carried a stated acquisition price of $0.00 per share.

Does the American Airlines (AAL) Form 4 indicate any stock sales by Kathryn M. Farmer?

The Form 4 shows no stock sales by Kathryn M. Farmer. It reports only an acquisition coded as a grant or award of 11,177 restricted stock units, increasing her direct holdings to 24,739 shares, with no disposal or sell transactions disclosed in this filing.